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$UDR expects to use net proceeds from the notes offering to prepay about $158MM of secured debt due May 2017, to repay a part of the debt outstanding on its $1.1Bil unsecured credit facility which has a maturity date of Jan. 31, 2020, and for general corporate purposes. The settlement of the offering is expected to occur on Aug. 23, 2016.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.